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If price falls from $250 to $200, what is the elasticity of demand over this range? Price Quantity Demanded $250 1500 $200 2100 $150 2700
If price falls from $250 to $200, what is the elasticity of demand over this range?
Price Quantity Demanded
$250 1500
$200 2100
$150 2700
I would like to have a proper calculation?
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